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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #22,741
  • Sep 7, 2007 12:32am Sep 7, 2007 12:32am
Quoting gr8collector
didnt close below 232
232.02 according to mine . . .
  • #22,742
  • Sep 7, 2007 12:32am Sep 7, 2007 12:32am
this thing has reversed once from exactly here, so just wait till we have a confirmation and clear direction
Trade what you see, not what you think.
  • #22,743
  • Sep 7, 2007 12:33am Sep 7, 2007 12:33am
30mn retrace 232.31?
  • #22,744
  • Sep 7, 2007 12:34am Sep 7, 2007 12:34am
we might see the 232 hold again, untill US news today...so safe not to take any shorts, keep a watch on charts and use strict money managment
lets all win, not loose
  • #22,745
  • Sep 7, 2007 12:36am Sep 7, 2007 12:36am
The last 15 min candle to close below 232 was on Aug. 30, over a week ago.
  • #22,746
  • Sep 7, 2007 12:36am Sep 7, 2007 12:36am
Quoting imransait
we might see the 232 hold again, untill US news today...so safe not to take any shorts, keep a watch on charts and use strict money managment
lets all win, not loose
Sounds good Imran.
Success has a Thousand Fathers.
  • #22,747
  • Sep 7, 2007 12:41am Sep 7, 2007 12:41am
guys, pls listen and hear to Aus, Karmo , you will learn lots, have patience and u will be rewarded
i am long from 232.00 SL 231.60 Tp is 233.05 or 30 mins before US news, which ever comes earlier
  • #22,748
  • Edited 1:09am Sep 7, 2007 12:42am | Edited 1:09am
Up we go again at 232.00. I made very many many pips this week off that sweet 232.00. Long again at 231.97 with a very tight s/l 231.55. This is my 4th time this week. I love ranging markets before big news events. Believe me it was tough going long when Aus stragety is saying short.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #22,749
  • Sep 7, 2007 12:42am Sep 7, 2007 12:42am
Recently I read that the liquidity squeeze had affected Japanese banks in the same way as world wide banks. This would effectively slow borrowing on the Yen and therefore seriously affect the carry trade?

But I can't remember where I read it...
Gone to a better place
  • #22,750
  • Sep 7, 2007 12:44am Sep 7, 2007 12:44am
If you are going long, becareful also

the 1hr lower TL, this is the first time 15m and 30m candles close below it, so watch out if you are going long also
Trade what you see, not what you think.
  • #22,751
  • Sep 7, 2007 12:45am Sep 7, 2007 12:45am
[quote=jarroo;1580862]Up we go again at 232.00. I made a many many pips this week off that sweet 232.00. Long again at 231.97 with a very tight s/l 231.55. This is my 4th time this week. I love ranging markets before big news events. Believe me it was tough going long when Aus stragety is saying short.

Jim[/quote

Just be careful, its friday.
Success has a Thousand Fathers.
  • #22,752
  • Sep 7, 2007 12:48am Sep 7, 2007 12:48am
shorts are looking better than longs, to me.. but it's Friday and it can get crazy, wait for confirmation
Trade what you see, not what you think.
  • #22,753
  • Sep 7, 2007 12:50am Sep 7, 2007 12:50am
yup--shorts for my vote

not taking any longs
  • #22,754
  • Sep 7, 2007 12:51am Sep 7, 2007 12:51am
nxt stop at 100sma 4hr
  • #22,755
  • Sep 7, 2007 12:51am Sep 7, 2007 12:51am
Quoting karmostaji
If you are going long, becareful also

the 1hr lower TL, this is the first time 15m and 30m candles close below it, so watch out if you are going long also
Karmo

When the 1HR chart and 4HR chart candle closes can you please give me the name of the type of candle that you see close. I am trying to see if I am reading the candles correctly.

Thanks in advance. sw
The Will is Greater than the Skill
  • #22,756
  • Sep 7, 2007 12:52am Sep 7, 2007 12:52am
Action on Last 10 mins of the 1hr bar. Good momentum on all TF. If not broken within this 10 min.. we may see a reversal.
  • #22,757
  • Sep 7, 2007 12:52am Sep 7, 2007 12:52am
Quoting skillwill
Karmo

When the 1HR chart and 4HR chart candle closes can you please give me the name of the type of candle that you see close. I am trying to see if I am reading the candles correctly.

Thanks in advance. sw
A Hammer
  • #22,758
  • Sep 7, 2007 12:53am Sep 7, 2007 12:53am
i'll keep shorting on the way up. money management rules.
  • #22,759
  • Sep 7, 2007 12:53am Sep 7, 2007 12:53am
I think I'll call it a night gents, and just stay out of the market for a few hours.

I had fun!

Ron http://www.forexfactory.com/images/icons/icon14.gif
  • #22,760
  • Sep 7, 2007 12:54am Sep 7, 2007 12:54am
we could have a 15mn 50ema retrace
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